The_ForexX_Mindset

Renco and Kagi agrees with PI CYCLES, $65/$67k

Long
COINBASE:BTCUSD   Bitcoin
Bottom red trend line is my new pi cycle which is aligned from RENCO candidates (but not aligned with Kagi very well) which I’ve converted to Kagi and all works with RED MA pi cycle value price dip in case BTC was to fall.

Above green trend line has a gap between candles and the trend line, that’s because I used Renco wick for alignment and that space leaves movement to the upper side.

Must see all up and down possible targets. This idea reads 65K to 67K areas before we see our next move.

Included smart money management value line with white trend line guidance
Comment:
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Seeing it from the Banks and Financial Institutions, we should have another BULL RALLY in a few days.
Comment:
Expecting Mr. Kagi to move back down to support at
$62,993
Comment:
We might have a bearish reversal but will not fall to deep below because a calculated on the true range and therefore is labeled as independent from the volatility of the instruments involved.

What this means, my ATR moving range has reached the bottom of my candles meaning it comes with a slight drop but should recover.
It’s unavoidable unless the price moves up.

ATR: price volatility showing the average price variation of assets within a given time period.
Comment:
Kagi shows NASDAQ is moving up within a 30 min TF.
DXY shows to be stabled within the Kagi chart.
We don’t want DXY to move up otherwise it can affect the BTC PRICE VALUE.
Comment:
JASMY shows on a 1D TF, using Kagi chart type and points out to all history, it’s about to launch high.
It’s what it reads, doesn’t mean it’s going to at any moment but Money always moved to patient hands to impatient hands. In the history of mankind it has been true. It’s not going to change now, we need to be patient: trade way less and focus on when to buy.
Comment:
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This idea is headed next to the 65K to 67K zones. We also have to take into consideration new smart money value lines.
Comment:
For now we are looking at no lower than $63k and next 4 targets look solid:
1. $66k
2. 67K
3. $68k
4. 69K
By then I can look for value lines.
Comment:
The great this about this is Banks and financial institutions have not gotten involved yet based off of a 1D TF.

Remember: be ready for a BULL RALLY, I wouldn’t count this a Bull rally, the 1 Day reads BULLISH and will surprise many
Comment:
BEARS PUSHED down and BULLS PUSHED back up and crated a long bottom wick on a 4hr TF so BTC can move back up to the upside soon again.

Remember, last night I said, I wasn’t counting as a bull rally what took place indeed it while recover the losses from last night but I’m still not counting that as a BULL RALLY. The higher time frames will bring some great profits to many along with major disappointments to many through unexpected BULL RALLIES.

$63k was target as mentioned from last night about 6 hours ago and did hit right around $63k as it dipped.
BTC will retest soon.
Let’s see how the market plays out
Comment:
BTC went to the value line threshold and rejected as expected at 65K from this idea. It’s a common smart money practice and now it’s shows rejection but will make its way back up since it’s a bullish contraction. Remember our other bullish contraction is around the 73K zone. So I don’t care with this ups and tiny downs, eventually will make its way up. Trending noise is just talk talk at times.
BTC not Destined to fall just yet.
Comment:
This fall is a bear trap.
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This BEAR TRAP which was confirmed since this morning is still in process.

BTC is preparing for an up move soon, BULL SIGNAL not fully printed.
Comment:
BULL signal printed and now it’s a matter of time. Just because it printed does not mean it’s making it way up now because before another signal prints out then we will dip a little more just low last time from $56k.
Comment:
BTC needed a fall to open up a long lower wick. To do this, smart money had to dip then push up, this can signal out to others.
If this did not get done on a 1hr TF then BTC might have kept dipping.
This can help create momentum for traders to buy. Think of it like a PULLBACK.
Comment:
BTC next move will be a good spike. Can’t say how much, usually a such TIMEFRAME has put out about 1k to 2k extra. It’s a pending move.

Histogram has shown after two smart money dump patterns within my data has pumped about 2k plus. From here moving forward it’s now a matter of waiting.
It’s been BULL ready since 6pm PT.

BTC is currently at $63,569
Comment:
What is the disadvantage from the 2MO TF BEARISH FUTURE ATTACK?
We will have plenty of BULL TRAPS. I’m not making this up, it’s a proven fact.
We will have some gold BULL RALLIES before this attack takes place, hoping BTC by then will have a higher value.
Pi cycles reads no lower than 59K , used to be $57k.
With 3k less value would be $56k, I’ve explained this before.
Ty
Comment:
From last nights little move up, there is a pattern, once it shows it’s ready for BTC to move up, the pattern moves like this based on ATR waves.
1. dips down a little before it confirms up- check
2. Moves up by so much as a Bull trap- check
3. Then dips down like a Bear trap- check
4. Now shows ready to plunge which should be the next move.
Comment:
I don’t know the future neither am I making up my own ideas mates, I’m only using formulas with combinations, price actions, patterns with much more. Not everything works all the time.

But this is the spike I mentioned 8 hours ago. Let’s hope it’s not a Bull trap although many BULL RALLIES are on their way.
Comment:
If we have it choppy wavy enough through this move up, then it might disregard a BULL TRAP. May prove it’s moving up to a higher value which indeed it must. BEARS will agree plenty of times with BULLS according to the 2MO BEARISH TF.

Let’s be ready, lay out your stop losses. In a few weeks or sooner we may have a good fall but nothing worse than $56k.
Can anything change, yes it can, 2MO TF as of now shows BULL dominance.
Has this changed against the BEARS in the past: THATS A HECK YEA:).
Comment:
My candlestick analysis shows a Red heated candle means BULLS have control on one of the many weeks candle.
I’d like to leave it as anonymous for the sake of manipulating purposes from smart money buyers and sellers.
Comment:
There is a FOREX PATTERN which is in process by money movers, also works with any stocks and crypto.
Once it’s completed with assurance, I will place a long position.
Comment:
DXY is surging up, this helps bring stocks down.
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No matter what retail traders try and do, the money makers are behind the scenes creating a FOREX pattern. This will help create a demand zone by a later dip.
Why do they do this, to create panic and confusion to only those traders who have long positions but will then exit the trade and just then will the BULL CONTRACTION BLAST without notice then at some point while many enter the trade through FOMO, will get enticed by the WHALES. Will then dip tremendously according to the 2MONTH TIME FRAME.
Comment:
Once the pattern has been created I’ll lay out a safety long position.
This FOREX has an algorithm. It works out its own rules and laws based on smart money contraction.
Comment:
We have to be careful, for now 4hr TF reads dump but it can reject. An advanced warning
Comment:
BTC has been camping out in the support zone at $63k according to Kagi constantly.
Comment:
1D TF, reads a potential horrible dip. This is a FOREX pattern still in process.
Market sentiment momentum has increasingly changed to the downside but as always it can reject.
Confusion in action.

Advance warning.

FYI: this fall will not be the fall all are expecting because of pi cycles. FOREX should and must work their bloody greed to the max.
Comment:
I’m not paying any attention to Mr. Heiken, he’s worthless as of now, it’s Mr. volume. Mr. Volume has not Corrected to the upside and 1 D TF is still moving downstairs and if volume closes with top long wick then we must expect a dip to $61,780, $61,247.

In worst cases will only lead to pi cycles which read at 59K but no lower than $56k.

BTC has about 1 hour and 30 to moving up about 1% to void out this threatening dip.

We’ve all been warned.

This is part of the FOREX SMART MONEY CONTRACTION before it will blast.
Comment:
EMERGENCY ALERT

Double top bearish with my death candle has been created and confirmed for a dip to $61,141 or $60,500.

It’s almost near my pi cycles at $59k. I’m created a short position and from there ya can determine your entry point.
Comment:
We might have trend return back to $63k support zone but the trend is weak. It’s like a beautiful tree with not enough soil.
Comment:
ADR is at 260 we need it below 2 before our next move. Double top weakened the trend.
If we do get a pump, it has to be a pump fake but rather a hand off for a few yards.
Comment:
We do have some BULLS pending, there’s another BULL signal in process meaning in order to print out in my analysis, first comes a dump sell. Double top made it to 1%, I’m expecting for it to reach to 1.5 or 2 percent.
After 1pm to we have some major higher rates means my metrics report shows more dipping for today.

Weekend will be nice.
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